I believe this has the potential to be the best music streaming product on the market. There is nothing like it on the market and ROXI is truly a very nice looking product and reasonably priced. Netflix was once 0.43p - now look at it... 20,000% later.
Regarding AIM - if it's to good to be true - usually it isn't. I really like the product therefore I am invested - hopefully I can make enough money to buy myself one!
Interesting how it keeps opening at 10% up though bid remains at 2.22.. just seems that this will move fast when a contract is eventually announced. I will watch and hopefully get in position at below 2.20 if that happens.
Yes it looks like he brough 1million.. in Oct 2015. But has not bought any since....
I will admint i am very new to trading and i am trying to understand how this all works so please forgive any comments i may suggest that seem ridiculous to those more experienced
Alright Kev, do you see his logic though - if you were being paid that salary - would'nt you be happy to take the pay check and run... or perhaps.... they just think that to abide by the rules of having a 100% stake is unreasonable and therefore they are not buying any shares as a sign that they are unhappy with the scheme and will wait for it to be reviewed?
I'm with you! yes - unless finkit pulls through and a contract is announced then i've seen this before.. directors enjoy massive salaries essentially winging it month to month. Subcontractors come to mind as they have no long term interest in the company.
That's a fair point... Perhaps this company is just one to watch for now. the half year report is going to show if 2017 is the pivotal year i guess and then we may see some insider buying.
Tell me if i am reading this correct.. L. Cameron's total earnings for the year 2016 is £344,000. He is required to have that value of shares which if brought at todays price would equal 13,760,000 shares. He is granted the option of buying 9 million at 1p = £90,000 He is better waiting for the share price to fall some more before buying in correct? and using 9,000,000 million at 1p if we are to secure contracts etc as no doubt the share price will then be 3-4p. Plus - with a salary that high £344k a year... i'd be happy just to take home my monthly pay... !!!
Thanks both. So Kev - Cameron has the option to buy up to 9million shares at 1p that''s confirmed which i can see. And VH - your saying that even though he has an opportunity to buy these shares at a cheap value in order to abide by the renumeration policy (regarding having a 100% salary holding for a minimum of at least a year) he is not buying because he doesn't want to essentially buy moni share because he doesn't believe in the product? What i don't understand is why he can't buy the shares at 1p... and sell them for 2p now? is that insider trading?
Hi Kev - where did you get that information from? I can't seem to find what you have stated in the recent RNS's.
So he may have a point regarding that nobody internally has bought any shares... that seems a bit off putting. Will do more research - seems they are counting on the finkit contract. Should still be turning a profit this year though which is promosing - perhaps once thats achieved we will see the BOD to start buying shares as they know they're jobs are safe...
Sorry about spoilling the fun... Do you hold at the moment or you looking to get in below 2.20?
Might be on the cards this week.. looking to pick some up if so"!